The Benefits Alliance Group - Blog enable a suitable company program From concerns of time and cost to administration companies struggle with making decisions about the right path when it comes to providing benefits and a Read more Posted by benefitsalliance Categories Benefit Trends Company Owners Retirement Group RRSPs Sandwich generation 560 000 short of retirement savings goal A group of Canadians say they are more than half a million dollars short of their individual retirement savings goal On a regional basis the average amount Canadians think they need to save to have an ideal retirement lifestyle varies by province Quebecers Read more Posted by benefitsalliance Categories Benefit Trends CPP Retirement Dividends or Salary Owners of Canadian Controlled Private Corporations CCPC have more choices than employees in terms of how to get compensated The easiest method is through salaries and bonuses Like all other salaried Canadians the owner will have to pay taxes on their Read more Posted by benefitsalliance Categories Company Owners CPP Finance Retirement Expert Advice We recommend the right plans for your company your staff and your bottom line With Better Advisors be prepared to reap the benefits Blog Post view all 08 Jun A study finds employee engagement levels have plateaued 31 Mar When considering the stresses of life money would rank 11 Mar In response to New Data Shows Major Problems with Blog Categories Benefit Trends Company Owners CPP Finance Generic Drugs Prescription Drugs Retirement Group RRSPs Advanced Benefits Consulting Altitude Employee Benefits Solutions New Brunswick Altitude Employee Benefits Solutions Nova Scotia Altitude Employee Benefits Solutions Prince Edward Island Belay Advisory Bell Financial Inc Benefits Associate Markham Benefits Associate St John s Benefits Associate Toronto Calow Benefit Partners Inc CAPCORP Financial Capital Benefit Financial Group Inc Capri Insurance Consortia Inc Conte Financial Services Inc CFS Crillion Benefits Advisory Group Inc Davis

The Benefits Alliance Group - CPP Expansion Proposals Have Weaknesses The report says the second methodological weakness of the insufficient savings diagnosis is considering the age of retirement as fixed at 65 years On average people in Canada retire earlier than in many other industrialized countries it notes Since this choice is voluntary we can conclude that most Canadians think that they have saved enough when they enter retirement Twelve percent of Canadians 65 and older continue to work which has increased over the last 10 years In other words not only is the diagnosis of insufficient savings not well founded its consequence is neither indigence nor a draconian reduction in living standards at retirement but rather a delay of a few years before retiring the report states It notes that T he advantages of public plans are too often overvalued whereas private savings have advantages of their own that are too often ignored or undervalued The goal of the public pension plans would no longer be to ensure a minimum for everyone but rather to guarantee to all an income sufficient to maintain their living standards including middle and upper class Canadian households the report concludes These proposals all have significant costs since they would lead to a reduction in the disposable incomes of Canadian families during their working lives Source Benefits Canada CPP Expansion Proposals Have Weaknesses February 27 2014 Need Help with Your Group Benefits Contact a Benefits Alliance Advisor for help with your Group Benefits and or Retirement Plans About The Benefits Alliance Group The Benefits Alliance Group is Canada s largest firm of independent group benefits advisors We provide superior advice on the design and management of group insurance and retirement plans Posted by benefitsalliance Categories CPP Expert Advice We recommend the right plans for your company your staff and your bottom line With Better

The Benefits Alliance Group - Getting Value Out of Your Drug Plan added medicines to support positive health outcomes Public and private payers are part of the same healthcare system he said We share a common goal of ensuring sustainability and we need to work together The guiding principles of moving from an open to a managed drug plan formulary was presented by Renzo Del Negro associate executive director of the BC Public Schools Employers Association a multi employer bargaining and HR agency Educate Employees about their Drug Plans Drug Pricing Dispensing Fee Caps and Markups Educating plan members was an important part of changing the plan he said Members don t understand drug pricing dispensing fee caps or markups We had to educate them so they would understand that the new plan is not an inferior plan and by lowering costs there is more money for other things Source Benefits Canada Getting Value Out of Your Drug Plan May 14 2014 Need Help with Your Group Benefits Contact a Benefits Alliance Advisor for help with your Group Benefits and or Retirement Plans About The Benefits Alliance Group The Benefits Alliance Group is Canada s largest firm of independent group benefits advisors We provide superior advice on the design and management of group insurance and retirement plans Posted by benefitsalliance Categories Generic Drugs Prescription Drugs Expert Advice We recommend the right plans for your company your staff and your bottom line With Better Advisors be prepared to reap the benefits Blog Post view all 08 Jun A study finds employee engagement levels have plateaued 31 Mar When considering the stresses of life money would rank 11 Mar In response to New Data Shows Major Problems with Blog Categories Benefit Trends Company Owners CPP Finance Generic Drugs Prescription Drugs Retirement Group RRSPs Advanced Benefits Consulting Altitude Employee Benefits Solutions New Brunswick Altitude Employee